ANNOUNCEMENT RELATING TO SALE OF SHARES IN PV KEEZ

The Board of Directors (the “Board”) of EMAS Offshore Limited (the “Company”) refers to the announcement released by Ezra Holdings Limited, which owns a 75.5% equity stake in the Company, on 7 September 2016.

Please refer to the following link to the announcement:

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementToday&F=KUYM5SSOS33EDI03&H=0d18404529ad19ca5de582f86fbddff67786eb0805806ba0cb3932542feff834  

By Order of the Board

Shannon Ong

Company Secretary

07 September 2016

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